At its 13–14 April monetary policy meeting, Bank Indonesia (BI) left the seven-day reverse repo rate at 4.50%. The Bank...
Latest Global Economic News
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Indonesia: Bank Indonesia leaves rates unchanged in April but cuts reserve requirements -
UAE: Consumer prices decline in February for 14th straight month Consumer prices fell 0.26% month-on-month in February, following January’s 0.09% decrease. February´s reading was primarily driven by markedly lower prices... -
South Africa: SARB slashes rate to record low as coronavirus darkens economic outlook At an emergency meeting ending on 14 April, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB)... -
Turkey: Current account deficit widens in February The current account deficit widened markedly from USD 0.1 billion in February 2019 to USD 1.2 billion in February of... -
Turkey: Industrial output growth eases in February Industrial production expanded 7.5% year-on-year in February on a calendar-adjusted basis, slightly down from January’s revised 7.7% increase (previously reported:... -
Serbia: Inflation edges down in March Consumer prices fell 0.1% over the prior month in March, contrasting February’s 0.6% rise. Lower prices for transport; recreation and... -
Angola: Inflation jumps to 18-month high in March Consumer prices in the province of Luanda rose 1.7% from the previous month in March, following February’s 1.5% increase. The... -
Kazakhstan: Industrial production moderates in March Industrial production growth moderated to 5.9% year-on-year in March, from 7.5% in February. According to the Statistical Institute, softer growth... -
Argentina: Central Bank intervenes to palliate economic slump from coronavirus in March In two subsequent decisions on 19 and 26 March, the Central Bank of Argentina (BCRA) adopted measures to improve the... -
China: Price pressures continue to fall in April as pandemic hits demand Consumer prices fell 0.9% over the previous month in April, following March’s 1.2 % decrease. The print mostly reflected lower...